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Tushmine Review: A Scam Altcoin Mining Platform

Tushmine Review: A Scam Altcoin Mining Platform

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Tushmine.online is a supposed Cryptocurrency cloud mining platform dealing in 3 different Crypto currencies: Bitcoin, Dogecoin and Litecoin. The site is claiming to be a reliable investment platform which guarantees a 2% daily ROI and a $1 bonus. Their referral program is 2 levels deep and is allegedly rewarding 10% on the first level and 5% on the second. As an investor in Bitcoin or any of the coins mentioned above, do you think Tushmine is worth it? Do you think 2% a day is a realistic goal? We are afraid that this is not the case. The site is not persuasive enough, and they will have to work a little harder to convince us that their mining activities are legitimate. Otherwise, we have to conclude at some point in this review that Tushmine is a scam.

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Tushmine Review

Tushmine Online is an alleged Crypto currency cloud mining site with very limited capability to persuade a potential investor. The dark template and the simple user interface does not convey the legitimacy of the site and its alleged operations. The profit calculator is even more confusing since users can experiment with all values for Bitcoin and it also looks like those who mine in Dogecoin and Litecoin will be the most profitable. On the other hand, Bitcoin mining seems to be least profitable in this website.

The question is this: does Tushmine even mine any coin in the first place? And if they do, is there any evidence of the existence of their data centers? This is a very difficult question to answer because the site does not mention anything to do with data centers. So we do not know if they have any data centers from which mining of these coins will be taking place at. At the same time, we find it rather weird that a site that claims to be mining Cryptos in the cloud is not talking about their data centers. This ought to have been their sales pitch in order to convince potential investors that their business is legit. If they have not done that, then we can only conclude that Tushmine does not own any data centers.

tushmine review

The site is asking for a minimum investment of $1 and a maximum investment of $8000. Of course even legitimate Crypto currency cloud mining sites wont encourage you to place a $1 investment because you won’t earn anything with such limited hashing power. With the increasing mining difficulty, we are not able to mine anything with such a small investment. So definitely Tushmine is playing games with your mind here.

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There is also a statement in their FAQ section which says Tushmine can return your deposit if it is $40 and above. The truth of the matter is that this is not possible even in a legit situation. You see, once you purchase hashing power, it is put to use and it is consumed. There is no way that money can be retrieved and returned to you.

This is the case with legit Cryptocurrency cloud mining sites. However, for all scams out there including shady sites like Tushmine, a refund is not possible, let alone mining of Bitcoins. These sites don’t mine any Crypto currency. In fact, we suspect that Tushmine is not mining any coins since they do not have a data centers. The reason they are not talking about it is because they don’t have them. We need to question the motive behind this presentation. How exactly will your money get multiplied? How exactly are they paying a ROI of 2% on a daily basis? Where is this money coming from if no mining activities is happening here?

Tushmine and the truth

Ultimately, it boils down to the manner in which they are generating their revenue. So fr, the site has not proved that they have an external source of revenue expect through user deposits. Cloud mining is not a source of revenue for this site since they haven’t proved that they are truly mining these coins as stated on the site. As you can see, a referral is also in place to encourage users to share the site widely so they can create more memberships.

Could this be a ponzi scam? Definitely. If a site is hustling investors of their hard earned money and not proving anything to do with their alleged mining activities, then it only means that they are running a ponzi scheme and wishing that you could participate. We have searched for user feedback on the internet and failed to secure meaningful reviews about Tushmine. At the same time, the site has a decent alexa ranking and we think this traffic is always going to the site and boosting its ranking. Why are these people not signing up?

The bounce rate seems to be very huge. That means people are not getting convinced that Tushmine is truly mining Bitcoin and other Crypto currencies. That explains why they do not have any user feedback to start with.

Is the site reliable?

Tushmine has nothing to do with mining of these coins. It would be foolish to believe that the site can multiply your investment and generate 2% daily returns for you. 2% would mean 60% per month which is not practical in any mining application. Please note that this is a very high return that we have never achieved in mining. So this site is lying about their returns simply because they want your deposit. You will ultimately get the disappointment of your life.

Our best advice for you

You don’t have to trust a site blindly. Tushmine will waste your money and time. Don’t count on their bonus or refund policy because these could be dishonored anytime. And the worst thing is that the site could disappear any time from now. Be wise and start trading Bitcoins and other Cryptos because this is the most profitable way to make money with the coins. Do not be fooled with easy wealth. There is nothing like 60% monthly returns in mining.

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